Minister of State for Petroleum Resources, Chief Timipre Sylva, Thursday, disclosed that the Federal Government was not currently capable, financially, to pay the subsidy. Addressing newsmen men in Abuja, Sylva disclosed that since the introduction of the deregulation policy, the country has saved about N1 trillion. He further disclosed that the Federal Government has concluded plans to merge the Petroleum Products Pricing Regulatory Agency, PPPRA, and the Petroleum Equalisation Fund, PEF, into one agency called The Authority. Details later… Vanguard
Author: YemieFash
President Muhammadu Buhari has said that his administration is doing everything within its power to put an end to the hike in the prices of food items across the country. The President in a statement released via his official Twitter account on Thursday assured Nigerians that the period of increase in food prices will be a short one. “To ease the current high cost of poultry production, I have approved the release of 30,000 tons of maize from the national reserves, to animal feed producers. “We are very mindful of the challenge of the hike of food prices, at a…
The Federal Government says the nationwide curfew in place in the country to restrict movement amid the coronavirus pandemic is now from 12am to 4am. The National Coordinator of the Presidential Taskforce on COVID-19, Dr Sani Aliyu, made this known during a briefing at the Nnamdi Azikwe International Airport, Abuja, on Thursday. Aliyu said, “I will first of all start with general movement. We are modifying the curfew to commence from 12 midnight to 4am nationwide, effective from 12:00 tonight. “This does not apply to people on essential services and international travellers that might be returning from abroad.” The PTF,…
Ahead of the October 10 governorship election in Ondo State, Governor Rotimi Akeredolu has expressed his readiness to run an all-inclusive administration to take care of the interest of all stakeholders and the people of the state. Akeredolu who is seeking reelection under the All Progressives Congress (APC) platform gave this assurance in Okitipupa, headquarters of Okitipupa Local Government Area of the state, while one of the frontline aspirants of the party, Chief Olusola Oke handed over his structures and supporters to the governor. Akeredolu also assured that his government would ensure that development spread to all nooks and crannies…
The Speaker of the House of Representatives Rep. Femi Gbajabiamila has made some far-reaching proposals that would bring an end to the attacks on Nigerian traders doing business in Ghana. During a ‘Legislative Diplomacy’ bilateral meeting with Ghanaian lawmakers and some top government officials as part of his ongoing visit to Ghana to resolve the crisis, Gbajabiamila advocated for an amicable settlement of trade disputes through arbitration and fair judicial processes. The Speaker also said he would be glad to champion a law to improve the bilateral trade relations between Nigeria and Ghana, noting that citizens of the two countries…
Ondo State chapter of the Social Democratic Party ( SDP) has faulted the inauguration of unelected councilors by the chairmen of the affected Local Government Areas at the expense of the duly and popularly elected candidates of SDP. This act is totally alien to the spirit and letters of Nigerian constitution and it is also a crude rape of Nigerian democracy. We make bold to declare that the act of inaugurating unelected candidates at the expense of duly elected ones is the worst act of democratic sabotage in the history of Ondo State. We hereby call on the Chairman…
Former Vice President and opposition leader Atiku Abubakar on Thursday condemned the electricity tariff increase in Nigeria, saying such a decision is ill-advised and wrong-timed. https://twitter.com/atiku/status/1301437529674018816?s=19 The former vice president, on his verified Twitter handle, said the increase should not have come at a time Nigerians are recuperating from economic hardship following the impact of the coronavirus pandemic that ruined their businesses. “I reject the increased electricity tariffs. Coming out of the lockdown, Nigerians need a stimulus, not an impetuous disregard for the challenges they face. Many Nigerians have not earned an income for months, due to no fault…
President Buhari has approved November 1st of every year as the National Youth Day in Nigeria. This was disclosed by the Minister of Youths and Sports Development, Sunday Dare on his Twitter handle on Wednesday, September 2. According to the minister, the President made this known during the Federal Executive Council meeting which held this morning. His tweet reads ”Today, President Buhari in Council approved November 1st every year as the National Youth Day to celebrate, draw attention to and find solutions to the issues that affect the Youth. Mr. President as again demonstrated his commitment to supporting youth-focused policies.…
The National Association of Nigerian Students (Zone D) on Wednesday rejected the new pump price of petrol announced by the Nigerian Government from N148 to N151.56k per liter. Kowe Odunayo Amos, Coordinator of NANS (Zone D), in a statement described the increment as punishment to Nigerians given the prevailing economic hardship in the country due to the Coronavirus pandemic. The students’ body asked President Muhammadu Buhari and his cabinet members to reverse the pump price or resign. The statement reads, “We find it most embarrassing to read of the increment in the price of Premium Motor Spirit (PMS) to N163.…
The Defence Headquarters, DHQ, on Thursday disclosed that the Troops of Operation Accord have killed 4 armed bandits at Jeka Da Rabi area along Kaduna-Abuja expressway in continuation of the ongoing efforts by the Armed Forces of Nigeria to end insurgency activities in the country. This was contained in a statement made available to newsmen in Abuja by the Coordinator, Defence Media Operations, DMO, Major General John Enenche. He said that the successful operation took place on Wednesday following credible intelligence on the movement of bandits from Kachia area which troops to quickly mobilized to the scene and laid an…